Showing 1 - 10 of 18
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10013149370
to the fit. Using data for the United States, the euro area and Germany, we assess the performance of boosting when …
Persistent link: https://www.econbiz.de/10013085278
We propose an explanation of why Europeans choose to work fewer hours than Americans and also suffer higher rates of unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries reduce, ceteris paribus, the gains from being...
Persistent link: https://www.econbiz.de/10013024685
We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level and for different demographic groups for 18 European countries and the US. We find that Europeans work 19% fewer hours than US citizens. Differences in weeks worked and in the...
Persistent link: https://www.econbiz.de/10012981284
ARCH modelling framework of Engle (1982) and its GARCH generalization of Bollerslev (1986) gave a huge impetus to econometric model building in the field of financial time series with time-varying variance. The main idea of the models was to describe the most typical features of capital markets...
Persistent link: https://www.econbiz.de/10013316234
Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a statutory minimum wage of EUR 7.50 per hour would cost...
Persistent link: https://www.econbiz.de/10012769311
of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all …
Persistent link: https://www.econbiz.de/10012769704
people living in Turkey and in Germany, using the anthropological concept of worldview. Data were gathered from four surveys …: nationwide surveys in Turkey and Germany, an online survey of Turkish people living in Germany, and a survey conducted as an … experiment in a mosque attended by Turkish people in Germany. We find striking differences in parenting attitudes between Turkish …
Persistent link: https://www.econbiz.de/10012958444
-speaking Switzerland is greater than in Germany. The impact of the first-generation immigrants' destination decision on their offspring …
Persistent link: https://www.econbiz.de/10013044666
differences for different types of vocational training, minor differences between East and West Germany and males and females, and …
Persistent link: https://www.econbiz.de/10013024593